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    Economics Today Study Set 1
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    Exam 29: Unions and Labor Market Monopoly Power
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    -Refer to the Above Table
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-Refer to the Above Table

Question 45

Question 45

Multiple Choice

  -Refer to the above table. What is the marginal factor cost when the firm employs the third unit of labor? A)  $62 B)  $57 C)  $25 D)  $21
-Refer to the above table. What is the marginal factor cost when the firm employs the third unit of labor?


A) $62
B) $57
C) $25
D) $21

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